MARKETS

88 Energy records loss after busy year of acquisitions

ALASKA focused 88 Energy recorded a loss of nearly A$6 million over the past 12 months to December 31, however the company believes this year to be a game changer as it progressesthe Winx-1 well it operates and shares with Otto Energy and Red Emperor Resources.

88 Energy records loss after busy year of acquisitions

  The company recorded a loss before tax of $6 million, down from an $8.4 million loss the year before. Largely the losses were attributable to administrative expenses, employee benefits and finance...

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